Plan Ledger DOL Form 5500 · updated monthly

Highgate Hotels LLC401(k)

HIGHGATE HOTELS 1081. 01(D) PLAN · SAN JUAN, PR · plan year 2023

Reported admin expense ratio · 2023
1.47%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Highgate Hotels LLC reported $25,943 in plan administrative expenses for 2023: 1.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $145 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in PR (244th of 323), and 1,391st of 2,240 in accommodation & food services. In 2023, employees put in $7.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,192,639
Participants with balances208
Active participants477
Employer contributions$69,146
Employee contributions$507,546
Employer contribution per active participant$145
Average account balance$10,542
Benefits paid to participants$31,881
Plan auditUnmodified (clean) audit opinion
AuditorSHARON & GONZALEZ LLC
The Highgate Hotels LLC 401(k) match · 2023
Employer contribution per active participant$145
Median for plans this size$1,308

Highgate Hotels LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ORIENTAL BANK & TRUST$3,571
A & A EMPLOYEE BENEFITS CONSULTNG · Contract administrator$2,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$25,943 · 1.47%
Similar plansAccommodation & Food Services · PR
Cchpr Hospitality LLC PR$2.2M · 0.74%
Fhr Esj Operations LLC PR$1.6M · 1.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660849483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.